Economy
The Government sector has long been a mainstay of Wellington's economy, being the capital of New Zealand, and as such the city's economy has typically risen and fallen with it. Traditionally, its central location meant it was also the location of many head offices of various sectors — particularly finance, technology and heavy industry — many of which have since relocated to Auckland following economic deregulation and privatisation. In recent years, tourism, arts & culture, film, and ICT have played a bigger role in Wellington's economy.
Major companies headquartered in Wellington include Centreport, Chorus, The Cooperative Bank, Datacom Group, Infratil, KiwiRail, Meridian Energy, NZ Post, NZX, Todd Corporation, Trademe, Weta Digital, Wellington International Airport and Xero.
Read more about this topic: Wellington
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)